PERSONAL LOAN

UNDERTAKING PERSONAL LOAN

I, ___________ son of Shri __________ R/o________________ employed
as _____________ in __________________ have applied for a personal
loan for Rs. ________/- (Rupees ____________ only)
I hereby authorize the company to deduct the monthly installments (EMIs)
from my salary each month

In the event of my termination/resignation from the company before full

payment of the loan amount, I hereby authorize deduction of the full
outstanding balance of my personal loan, if any, from my Full & Final
entitlements, including Gratuity, Leave Encashment and Bonus etc. failing
which my Cheque No.________dated ______drawn on
_____________________ may be encashed for the balance outstanding.

SIGNATURE OF EMPLOYEE

Place :
Dated __________

Witnesses
1.

2.